Mori Research Foundation
- Assets
- $3.7m
- Revenue
- $2.8m
- Investments
- $3.7m
- Employees
- 0
- Location
- Valencia, CA
- Founding
- 09/2010
- Data as of
- 12/2023
- EIN
- 27-0698623
Organization Overview
Mori Research Foundation is located in Valencia, CA. The organization was established in 2010. According to its NTEE Classification (G44) the organization is classified as: Kidney Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mori Research Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Mori Research Foundation generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 47.3% each year . All expenses for the organization totaled $137.6k during the year ending 12/2023. While expenses have increased by 0.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT MEDICAL AND CLINICAL ADVANCEMENTS IN KIDNEY TRANSPLANTATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yoko Iwaki Director | 5 | $15,000 | |
Yuichi Iwaki President | 0 | $0 | |
Kazuko Matsuda Secretary | 5 | $15,000 | |
Eric Y Sato Treasurer | 5 | $33,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,179 |
| Dividends & Interest | $19,835 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,827,716 |
| Capital Gain Net Income | $2,827,931 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,848,730 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $63,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2 |
| Taxes | $1,643 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,445 |
| Total operating and administrative expenses | $85,590 |
| Contributions, gifts, grants paid | $52,000 |
| Total expenses and disbursements | $137,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,451 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,661,426 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,672,877 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mori Research Foundation has awarded $52,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SAPPORO IKA DAIGAKU KIFUKIN PURPOSE: RESEARCH | $30,000 |
IPPAN SHADAN-HOJIN PURPOSE: RESEARCH | $22,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Kidney Foundation Inc Phoenix, AZ | $2,033,790 | $2,586,523 |
Health Effects Of Air Pollution Foundation Diamond Bar, CA | $2,846,641 | $1,456 |
California Dialysis Council Inc Manhattan Beach, CA | $700,169 | $662,444 |
Arizona Womens Board Paradise Valley, AZ | $12,164 | $631,072 |
Multicultural Integrated Kidney Education Program Portland, OR | $139,185 | $293,002 |
Catherine C Chism Trust Fbo The Northwest Kidney Center Las Vegas, NV | $0 | $43,583 |
Mori Research Foundation Valencia, CA | $3,672,877 | $2,848,730 |
Kidneys Quest Foundation Inc San Fernando, CA | $29,502 | $112,878 |
Renal Pathology Society Inc Sacramento, CA | $197,228 | $0 |
Ymo Lodi, CA | $12,952 | $0 |
Kare For Kidney Foundation Of Fresno Fresno, CA | $115,105 | $0 |
Sri Lankan American Center For Social Welfare Of Northern Califor San Jose, CA | $4,576 | $0 |
Wait List Zero San Diego, CA | $61,907 | $0 |